This funding has been structured with an interest rate of 250-260 basis points above the Secured Overnight Financing Rate (SOFR) and a tenure of six years. SOFR is currently 5.3%, the person said. The proceeds will be used for expanding its data centre capacity.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/iOao7m6
Sunday, April 21, 2024
AdaniConneX in talks with banks to raise $900-950 million
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